Archives for August 2016
Market Currents: Saudi still battling for market share
A new week, a new month, a new sell-off. Crude prices are charging lower to start the week as a plethora of bearish indicators emerge to encourage crude lower. Hark, here are five things to...
Click here 0 3,610
Growing oil glut shows investors there’s nowhere to go but down
Money managers have never been more certain that oil prices will drop. They increased bets on falling crude by the most ever as stockpiles climbed to the highest seasonal levels in at least two...
Click here 0 3,589
Oil prices continue to slide
Oil fell after its biggest monthly decline in a year as U.S. producers increased drilling and crude and fuel stockpiles remained at the highest seasonal level in at least two decades. Futures slipped 1 percent...
Click here 0 3,720
